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Press Release - April 20, 2018

Lichtenstein’s Nude with Blue Hair Tops $2.4 Million Sale of Modern & Contemporary Prints & Multiples at Heritage Auctions

From private collection of master printmaker John Hutcheson, iconic print brings $540,500

HIGHLIGHT VIDEO:
Roy Lichtenstein Printers Proof Enters Market for First Time

Roy Lichtenstein Nude with Blue Hair 1994
DALLAS, Texas (April 19, 2018) — Nude with Blue Hair — a monumental work combining the talent of artist Roy Lichtenstein and the printmaking expertise of John Hutcheson — sold for $540,400 in Heritage Auctions' Modern & Contemporary Art – Prints & Multiples Auction April 17 in Dallas. The sale was 97 percent sold by value and achieved $2,406,000, well above the overall presale estimate.

"The Lichtenstein was a printer's proof from the collection of John Hutcheson, a Master Printer who worked with hundreds of well-known artists such as Frank Stella, David Hockney, and Helen Frankethaler," Holly Sherratt, Heritage Auctions' Director of Modern & Contemporary Art, San Francisco, said. "The sale price is one of the highest prices ever for the work."

The 154 lots on offer featured a group of 11 artworks by Andy Warhol, which claimed four of the auction's top 10 lots. Grevy's Zebra, from Endangered Species, 1983, brought $75,000 and Liz, 1964, a portrait of Elizabeth Taylor from an edition of approximately 300, sold for $55,000 — more than twice its estimate. Warhol's Untitled, from Flowers Portfolio, 1970, sold for $52,500 and $1, 1982, signed, numbered and published by the artist, realized $42,500.

Marquee lots included artist David Hockney's Amaryllis in Vase, from Moving Focus, 1984, which sold for $75,000 and Lichtenstein's Forms in Space, 1985, the artist's iconic interpretation of the American flag created especially to benefit the Institute of Contemporary Art, which ended at $53,750.

Cheese Mold Standard with Olive, 1969, by Ed Ruscha, reached $50,000. Two additional prints from Hutcheson's private collection came from his personal relationships with artists Frank Stella and Joan Mitchell. Stella's Pumpkin Moonshine, from Polar Coordinates II (variant), 1979, sold for $50,000 and Mitchell's Sunflowers I (diptych), 1992, realized $42,500.

A ceramic vase titled Vase deux anses hautes, created by Pablo Picasso in 1952 from an edition of 400, sold for $40,000.

Additional highlights include:

· Warhol's Turtle, 1985, published to coincide with the 1985 film Turtle Diary written by Harold Pinter, brought $37,500

· Figure au visage coupé assise dans un intérieur, 1929, an etching by Henri Matisse, sold for three times its estimate to end at $37,500

· Target with Four Faces, 1979, by Jasper Johns, sold for $33,500

· The Witch, from Warhol's celebrated Myths series executed in 1981, sold for $32,500

Heritage Auctions is the largest fine art and collectibles auction house founded in the United States, and the world's largest collectibles auctioneer. Heritage maintains offices in New York, Dallas, Beverly Hills, San Francisco, Chicago, Palm Beach, London, Paris, Geneva, Amsterdam and Hong Kong.

The Internet's most popular auction-house website, HA.com, has over one million registered bidder-members and searchable free archives of four million past auction records with prices realized, descriptions and enlargeable photos. Reproduction rights routinely granted to media for photo credit.


Eric Bradley, Public Relations Director
214-409-1871; EricB@HA.com

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